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Gedik Yatirim Menkul Degerler AS (IST:GEDIK) Gross Margin % : 3.70% (As of Dec. 2023)


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What is Gedik Yatirim Menkul Degerler AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gedik Yatirim Menkul Degerler AS's Gross Profit for the three months ended in Dec. 2023 was ₺1,533 Mil. Gedik Yatirim Menkul Degerler AS's Revenue for the three months ended in Dec. 2023 was ₺41,465 Mil. Therefore, Gedik Yatirim Menkul Degerler AS's Gross Margin % for the quarter that ended in Dec. 2023 was 3.70%.

Warning Sign:

Gedik Yatirim Menkul Degerler AS gross margin has been in long-term decline. The average rate of decline per year is -14.8%.


The historical rank and industry rank for Gedik Yatirim Menkul Degerler AS's Gross Margin % or its related term are showing as below:

IST:GEDIK' s Gross Margin % Range Over the Past 10 Years
Min: 1.63   Med: 3.86   Max: 19.49
Current: 2.84


During the past 12 years, the highest Gross Margin % of Gedik Yatirim Menkul Degerler AS was 19.49%. The lowest was 1.63%. And the median was 3.86%.

IST:GEDIK's Gross Margin % is ranked worse than
87.04% of 602 companies
in the Capital Markets industry
Industry Median: 48.805 vs IST:GEDIK: 2.84

Gedik Yatirim Menkul Degerler AS had a gross margin of 3.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gedik Yatirim Menkul Degerler AS was -14.80% per year.


Gedik Yatirim Menkul Degerler AS Gross Margin % Historical Data

The historical data trend for Gedik Yatirim Menkul Degerler AS's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gedik Yatirim Menkul Degerler AS Gross Margin % Chart

Gedik Yatirim Menkul Degerler AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 4.68 3.04 1.63 2.84

Gedik Yatirim Menkul Degerler AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 2.32 1.85 2.47 3.70

Competitive Comparison of Gedik Yatirim Menkul Degerler AS's Gross Margin %

For the Capital Markets subindustry, Gedik Yatirim Menkul Degerler AS's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gedik Yatirim Menkul Degerler AS's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gedik Yatirim Menkul Degerler AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gedik Yatirim Menkul Degerler AS's Gross Margin % falls into.



Gedik Yatirim Menkul Degerler AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gedik Yatirim Menkul Degerler AS's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2760.3 / 97046.362
=(Revenue - Cost of Goods Sold) / Revenue
=(97046.362 - 94286.074) / 97046.362
=2.84 %

Gedik Yatirim Menkul Degerler AS's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1532.9 / 41464.999
=(Revenue - Cost of Goods Sold) / Revenue
=(41464.999 - 39932.054) / 41464.999
=3.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Gedik Yatirim Menkul Degerler AS  (IST:GEDIK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gedik Yatirim Menkul Degerler AS had a gross margin of 3.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Gedik Yatirim Menkul Degerler AS Gross Margin % Related Terms

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Gedik Yatirim Menkul Degerler AS (IST:GEDIK) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah. E-5 Yanyol No:29, Yakacik Kartal, Istanbul, TUR, 34876
Gedik Yatirim Menkul Degerler AS is an investment banking advisory and brokerage company. It provides brokerage services, Investment Advisory, and Portfolio Management. Its services include securities trading; economy and company research; futures and options; asset management; and brokerage services for institutional investors.

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